J. B. Chemicals & Pharmaceuticals Dividends and Buybacks
Dividend criteria checks 4/6
J. B. Chemicals & Pharmaceuticals is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | -6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹13.500 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506943's dividend payments have been volatile in the past 10 years.
Growing Dividend: 506943's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| J. B. Chemicals & Pharmaceuticals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (506943) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast (506943) (up to 3 years) | 0.8% |
Notable Dividend: 506943's dividend (0.79%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 506943's dividend (0.79%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), 506943's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), 506943's dividend payments are well covered by cash flows.